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20131028
20131105
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Search Results 0 to 23 of about 24 (some duplicates have been removed)
to govern is to choose, and our budgets reflect different choices. we need to reduce the long-term deficit in a balanced way. it provides for vital investments to ensure america remains the world's economic powerhouse. we aloe indicate resources to -- allocate resources to put people to work, modernizing our bridges and our ports and other infrastructure that is the back bone of our commifment these used to be a bipartisan priority. unfortunately, the republican budget assumes very big cuts in our transportation spending. in fact, it would practically eliminate the cost of new highway projects as soon as 2015. our budget also invests in our nation's most valuable resource, our kids, by boosting support for education, including an early education initiative. the republican budget in the house resulted in the cut of 20% below sequester levels to that part of the budget that funds education. these choices have real consequences. we also know that the deep, immediate sequester cuts are hurting our economy. the non-partisan congressional budget office tells us to meet our defense and national p
. on the graph you see on the screens, there are two lines. the red line tops the deficit over the past six years. the blue line charts the unemployment rate over the same. -- period. down, theloyment goes deficit goes down. when unemployment goes up, the deficit goes up. the reasons for this are clear. when you don't have a job, you don't pay taxes. when you don't have income, you're not paying payroll taxes and you are more likely to need government assistance. whammyyment is a double for the federal budget. to lower the deficit, we have to lower unemployment. advocates for deficit reduction want to cut benefits under medicare, medicaid, children's health insurance program, nutrition assistance, and other vital services -- they had nor the fact that when you cut shiftial benefits, you these necessities onto cedar citizens, parents -- senior citizens to my parents, and lower income people. the money shifts take from consumers that would otherwise be spent in other parts of the economy. cutting benefits cuts jobs. not the way to reduce the deficit. securing deficit reduction by cutting key invest
surpluses to deficits almost overnight. he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion. i believe the figure was, and that was a significant of 30%, 40% reduction of the previous year of $1.1 trillion. and the immediate effect, is it taking pressure off and things are improving. things are improving in the near term. part of the reason why the deficit came down so significantly, receive news wept up 13% and spending wept down 2% last year. the combination of those two resulted in the deficit coming down. the difficulty is that while that's a good sign in the near term, all projections because of the demographics are going forward, all projections
. the house overwhelmingly passed a similar bill in july. the country's 2013 budget deficit has dropped to just $680 billion. that's its lowest level since 2008. treasury credits higher tax receipts for about 80% of the defic deficit's reduction as tax revenues jump nearly $3 trillion. >>> watch out, opec. texas is in the midst of an oil boom. the eia reports that production in texas is up 29% from last year. if this trend continues, texas crude oil production could surpass all opec members except saudi arabia as early as next year larry? >> you know, thanks. i just add to that, yes, the deficit's come down nicely, but i think these so-called experts aught to see what the budget caps and sequesters have done. spending, discretionary spending, has moved down all the way back to close to 2007, early 2008 levels. and that is some achievement. anyway, thanks very much. >>> now, back to our top story this evening. we have numerous developing stories of new problems and questions about obama care. but first, keeping your insurance plan isn't the only broken promise from president obama on hea
time in five years, mark it up, folks. u.s. government has a budget deficit below $1 trillion. that's good news. republicans refuse to admit president obama was able to cut the deficit in half and he's not the big spender, so-called conservatives have accused him of being. >> president obama called out for being a big spender. >> the budget of bush, they were both big spenders but obama was way more of a bigger spender. >> who was the bigger spender under president george bush? >> hang on. he's a big spender. and that to me is the heart and soul the argument against obama. >> new numbers show there was a comedy nation of more revenue and less spending leading to a gap of $680 billion. that's billion with a "b." it's the lowest level since the recession. now a bipartisan group of house and senate negotiators are working on writing the first overall budget blueprint since 2009. it all comes down to how they decide to generate revenue. and we know the republicans have said no new taxes and the democrats have said no, you're not getting the big three. let's sort it out. i'm joined by ri
is on an unsustainable fiscal course. >> we have had record deficits. >> record deficits for the past five years? the senator conveniently left out some major information. under president obama, deficits have gone down five straight years. the fastest drop since world war ii. down $409 billion since 2012. republicans are quiet about that, but they're still making stuff up about health care. >> what i want is the finest possible health care for america that we can have. we did have fabulous health care, and i think we can again. >> almost 50 million americans lacked coverage before obama care. and it was fabulous? when you're desperate for the president to fail, you really will do and say anything. well, we're not going to fall for it or let them get away with it. joining me now is congressman jim mcdermott democrat from washington and msnbc contributor goldie taylor. thank you to both of you for joining me. >> thank you. >> good to be here. >> congressman, some republicans want to pretend coverage in america used to be fabulous. i mean, how do you deal with that? >> well, you know, al, it's real
november. two thirds said raising taxes to cut the deficit was a nonstarter. whiched to obamacare, more voters said they wanted to repeal, the levels of support are striking. if our friends on the other side contradict -- keep obamacare contradicted by the then have to called the mandate for reducing the size of government day superman date -- a super mandate. this would increase the debt and it is so outrageous. from new yorkator will announce a proposal to give the president permanent power to borrow more. the debtto extend ceiling permanently by going around congress. let me repeat that. the schumer-obama plan is a plan to permanently hand the president a credit card without spending limits in without lifting a finger to address the national debt. truly outrageous especially when you consider our debt is now $17 lookion which makes us like a european country. we need to get our debt under control before we move further road towards gree source pain and time is not on our side. he's going to try to sell his proposal and i appreciate the attempt at a pr gimmick here but there are two h
by aa and the oil price information service. and alaska, the state's deficit is going in the wrong direction. oil income has been on a steady decline over the last three years and adding to that, north slope oil production has also been declining. current projections show alaska's state budget deficit for this fiscal year going to be in the neighborhood of $1 billion. and google's mystery solved, turns out the mysterious barge is a marketing tool to promote google glass, another high-tech gadget. the bars will feature a party deck on the top. no photos have been released yet, but kpix-tv station reporting that the co-founder of the company has been overseeing the entire project. take a look at the stock, it's down more than $2. party on. $4 and change right now -- $24 and change right now. dennis? dennis: and the runners were out in full force for the 43rd new york city marathon after it was canceled last year because of superstorm sandy. a record firm of runners hit the pavement for this year's race. the men's and women's title runners both hailing from kenya, each taking home $10
the deficit to 21-0. jennings totaled 200-yard rushing. rookie zack hertz all by himself to haul in that pass. and we'll say local, the rout was on. there was still more to come. it's folse to cooper for the third time. folk ties a record with seven passes. the raiders fall to 3-5 on the wrong end of a 49-20 score. fair to say the raiders thought they were headed in the right direction and as fred inglis reports. no one saw a rout like this coming. >> reporter: they were ranked in the top 10 in the nfl. but all of a sudden chip kelly's eagles turned into chip kelly's oregon ducks and the last thing oakland thought they would ever see is nick folse throwing seven touchdowns in this game >> i don't think nick has ever seen anything that would give him the indication that he would throw for seven touchdowns this week. what we did today was open ourselves up for those attacks. >>> it was embarrassing for us to, allow the team to score 48 points for us. it's almost like our backs are against the wall but we're not going to look at it that way. >> it's defense. we didn't do what the defense needed
a double-digit deficit or a nine-point deficit to a three-point deficit during the span of a week. why? no question about it, it's obamacare. and fact that his opponent backs it. so this has real electoral consequences, and democrats who weren't behind the law to begin with, when they see poll numbers like that and results like this in virginia and these things happening, they're going to tell mr. president that they would rather not grind it out. martha: yeah. looked like terry mcauliffe was going to clobber cucinelli in virginia. if that race is even very tight in the end, it's going to send a signal that, no doubt, a lot of democrats are going to be watching closely across the country. chris, thank you so much. have a great day, have a great weekend. and sign up for chris' daily political newsletter, fox news first. go to foxnews.com/foxnewsfirst and just put your e-mail address in there, and you will et request it -- get it. so what do you think about all of this at home, folks? what do you think about the six people? send me a tweet @marthamaccallum and chime in, let us know what
-dollar deficit question mark right now. is that coming out of medicare? no this is totally understandable. 30 years ago healthcare law $13 trillion, greta. we can't afford it. >> i truly believe we have got to get medical care to everybody, but i am trying to figure out where the money is coming from. that's my concern about it we will see what happens to your bill. get more democratic support beside mary landrieu. >> i'm optimistic that we can pass this thing and on to promise that president obama made to million of americans. >> packers will win this weekend, right. >> absolutely. >> kathleen sebelius testifying she was clearly wrong to give it the green light. upton heading up today's hearing. is he here next. can you hash it out with us was secretary sebelius right to take the blame for the rollout or is the secretary responsible. tweet us using #greta. it was a . it was a . and t the kind of attention wanted. so i had a serus talk with my dermatologt about my treatment options. this time, she prescribed humira-adalimumab. humira helps tclear the surface of my skin by actuallrking inside
deficit. of course, congress is going to be talking about it soon. in the last fiscal year, it was cut in half, a five-year low. but we're still looking at a debt of $17 trillion. >> absolutely. i mean, you really hit on it, $17 trillion is the only number in there that counts. the ups and downs year to year barely make a dent in that number. i remember when it was $6 trillion and we thought it was a lot. that wasn't very long ago. this $17 trillion number looks insurmountable at this point, and it's making our creditors around the world nervous about lending even more money to us. you know, it puts pressure on our dollar. it's a dangerous thing in the long run. and unless we get real entitlement spending under control, these year-to-year ups and downs are not going to make a big dent in that $17 trillion. >> what about the unemployment rate, 7.2%, two points higher than when president obama took office, but still a lot of people out of work. >> absolutely. you heard the president in that speech that you had at the top. he was saying we've created 7 million jobs, our good companies hav
've cut our deficits by more than half since i took office. and they keep going down. we've pursued an all of the above energy strategy and we are producing more traditional energy, more renewable energy than ever before, more natural gas than anyone in the world. and we have cut our carbon pollution in the process. so while the case for doing business in america's always been strong, we've made it stronger. of course, you will find no better workers than american workers. our productivity is rising. we have the world's best universities. it's most innovative entrepreneurs. we have its strong effort intellectual property protections to go along with a rule of law that matches up with anyone. and thanks in part to a new initiative focused on exports and the new trade agreements that i've signed, we sell more products made in america to the rest of the world than ever before. so as you've heard, repeatedly today, and you will hear undoubtedly after i leave the stage, america is open for business. and businesses have responded. you know, after a decade in which many jobs left the united state
our deficits by more than half since i took office and that he keep going down. we've pursued an all of the above energy strategy and we're producing more traditional, renewable than ever before, more natural gas than anyone in the world and we've cut carbon pollution in the process. so while the case for doing business in america has always been strong, we've made it stronger. of course you will find no better workers than american workers. our productivity is rising. we have the world's best universities. its most innovative entrepreneurs. we have its strongest intellectual property protections to go along with a rule of law that matches up with anyone. and thanks in part to a new initiative focused on exports and the new trade agreements that i've signed, we sell more products made in america to the rest of the world than ever before. so as you've heard repeatedly today and you will hear undoubtedly after i leave this stage, america is open for business. and businesses have responded. after a decade in which many jobs left the united states to go overseas, now we're seeing compani
, it would not impact the deficit. would actually cut the deficit. jon: he is starting to take the heat from that. real quickly voters are saying pox on both your houses. people's opinions of the democratic party down at 43%. republican party at 30%. back a year ago, september of 2012, 50% liked the democrats, 43% liked republicans. so the republican party has taken a bigger hit but both parties are down. >> the republican party has taken a bigger hit i think you will see the pendulum take back boehner will keep the house. if you look in the senate more democrats are up for re-election. some of those democrats coming from red states. mary landrieu in louisiana, kay hagen in north carolina. i think you will see a sea of change where republicans take over the senate. jon: doesn't get much more personal than your health care. people will translate what is happening now the way they vote. >> you're exactly right and they will vote their pocketbook when they go to the polls. right now people are suffering living paycheck to paycheck and there is no leadership in washington, d.c. jon: angela mcglo
in the prison system. there are people who have deficits and are in the system so they can be made better and ultimately released and become productive citizens. that's why we need to focus on reentry. we need to have sentences that are, i think, consistent with the conduct the particular defendant is convicted of. i think there has been a tendency in the past two mete out sentences that are frankly excessive. at this point, given the resource constraints we have, i look to the justice department and the amount of money federal prisons consume. we have to rethink our priorities. we never want to put states at risk without showing you can come up with substantial reform and keep the american people safe and do things in a way that is different. i would hope congress would look at the experience of states and and makehe proposals those 21st century changes that i think we need. >> attorney general eric holder joined by other justice department officials in decision onheir johnson & johnson. back to the senate hearing on the cost of higher education. maryland, newof hampshire and north caro
. that means deficits go up. >> i will remind you that premiums were going up at double digit increases prior to the affordable care act what we are seeing is a moderation in increases in the last three years. >> that is a false dichotomy. there are other solutions getting premiums down and lowering costs. i don't accept that as a complete answer on the cost of these pleem yums. transparency is clearly very important. will you or hhs or cms, somebody in the administration provide information on the taxpayers' cost with regard to these subsidies for 2015 and beyond? >> i am sure part of our information and reports we produce will include that information to you, yes. >> thank you. >> thank you very much, mr. chairman. i would like to associate myself with the remarks of mr. thompson and mr. neal. i'll focus on an area i think this committee could become imminently involved in. i would like to point out what a success connecticut has been. i want to commend governor malloy and lieutenant governor wyman who headed that up. tremendous success including more than 1/3 of the people that have signed
. they don't want you to mention george w. bush. he gave us record deficits and have taken a while to dig out and people understand that obama inherited a bunch of problems. we have been patient with him trying to rebuild sxwr we a. >> we are talking about obama care. this has nothing to do with president bush, this is this president. >> why his numbers have been high despite some of the problems. i agree with you right now. this glitchy rollout has been harmful to him with people who like him and i think the overly broad assurances where he says nobody is going to suffer, we're only going to have winners under obama care. not one single loser. that is an overly broad assurance and it has come back to bite him and he now has problems with people who actually like him who are feeling frustrated. >> it is earlier you brought up the notion of the self-inflicted issues. some something we were watching last night david gergen four-time working in the white house david gergen here made this observation. let's roll it. >> i think they came in thinking that the white house was essentially a political
the $41 billion deficit that you're facing because mortgages originated under republican appointed regulation, and the roughly 37 billion that have been recovered since democrats have taken back control? is that a fair statement of the difference? >> it is absolutely true that the legacy books that are causing us the substantial problems are from the 2006 to early 2009 -- >> so there's also talk about accountability. if you look at the fact that the party that was responsible for running of all the red bar graphs, ones removed from power. i think there is accountability and the fact that you're a presidential appointee is a reflection of that accountability. now, i want to change subjects a little bit towards what rules could have been in place that might've prevented the disaster of the 2001-2009 but there's the suggestion has been made. there some research papers on what are effectively countercyclical capital requirements. are you familiar with this general line of research? >> a little bit, yes. >> said the id would be that as the protection of taxpayers against investing into
a lot on privacy, it's hard not to be too cynical about it with an underlying deficit, and this is coming back to the point and your question, which is there is a problem when you have the population if you try to get buy-in from them. there's a certain amount of cynicism and concern about the level to which governance continues if you don't know what's happening in your name and what's your elected representatives are doing. >> okay, two minutes left, so if anyone has app easey question? [laughter] >> the questions are always easy if the answers are yes or no. >> i hope it's easy question. it's two. one there's not an answer yet to, and that is how the liability issue that was mentioned with regard to the new frame work may play out, and i wanted to ask also about the broad community of hackers who many of whom see themselves as security researchers, who report, you know, zero days when they find vulnerabilities. i'd like to know what the panel thinks of that community. is there a place for them, a crowd sources, if you will, of vulnerabilities? what do you think? >>
Search Results 0 to 23 of about 24 (some duplicates have been removed)